Nov 20 2020

Olean URA Transfers Keys to Manny Hanny

OLEAN — A new owner and a new name are giving 101-107 N. Union St. a new lease on life. City Urban Renewal Agency officials hosted a ceremonial key exchange on Thursday for the buildings, now dubbed First National by new owners Savarino Companies of Buffalo. “Olean has lived for over 25 years with an abandoned building in the center of our city,” said Mayor Bill Aiello. “And, today, as we pass these keys to Savarino Companies we look to the…

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Oct 22 2020

Steeped in Roofing

The Durable Slate Company, Columbus, Ohio, restores historical Steeple Square in Dubuque, Iowa. Built between 1864 and 1867, St. Mary’s Catholic Church in Dubuque, Iowa, served as an economic, social and educational center for German-immigrant parishioners. For almost 150 years, the church was a central meeting space for working-class citizens. It was a gateway for newcomers to Dubuque, hub for downtown neighborhoods and source of community…

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Sep 22 2020

CDFI Fund Opens 2020 NMTC Application Round

The U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) released today the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2020 round of the New Markets Tax Credit Program (NMTC Program). The CDFI Fund is providing the NOAA on its website in anticipation of its publication in the Federal Register on September 23, 2020.

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Aug 26 2020

Summer of Kindness Going Strong @ First Place-Phoenix

Check out Kind It Forward and the many creative ways First Place–Phoenix residents and staff have committed to sharing enduring kindness and joy.

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Aug 17 2020

Parkview Warsaw Offers ‘Moms On The Move’ Program

Parkview Warsaw Center for Healthy Living’s innovative ”Moms on the Move” program continues to promote health and wellbeing for pregnant and new moms while providing an additional source of fun and connectivity during the COVID-19 pandemic, according to a news release from Parkview.

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Jul 25 2020

Vertical Farms Fill a Tall Order

Wall Street Journal - By Dickson Despommier The Covid-19 pandemic has disrupted agricultural production and supply chains around the world. Farmers have often struggled to get their food to distant markets, and sharp shifts in demand have repeatedly forced them to dump crops. Avoiding such logistical problems is one of the chief advantages of vertical farms, a new approach to agriculture that aims to grow food closer to population centers. Over…

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Jul 23 2020

Patient-Focused Design Turns Former Distribution Center into Healthcare Village

Church Health at Crosstown Concourse in Memphis is the largest private faith-based health clinic in the U.S. The innovative design successfully co-locates multiple healthcare-related program and functions to offer patients a full-service clinic, wellness center, and community gathering place – all under one roof.

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Jul 21 2020

Phoenix agencies get millions in tax credits to support real estate projects in low-income areas

Last week, the CDFI Fund announced $3.5 billion in New Market Tax Credits (NMTC) allocation for developing low-income communities nationwide. Out of 206 that applied, 76 CDEs received allocation awards, including three organizations in the Valley. DV Community Investment, Prestamos CDFI and the Phoenix Community Development and Investment Corporation received a combined $145 million in credits for the most recent 2019 award cycle.

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Jul 15 2020

CDFI Fund Awards More than $3.5 Billion in NMTC Allocation

Washington – The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced $3,548,485,000 in New Markets Tax Credits today that will spur investment and economic growth in low-income urban and rural communities nationwide. A total of 76 Community Development Entities (CDEs) were awarded tax credit allocations, made through the calendar year (CY) 2019 round of the New Markets Tax Credit Program.

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